IFRS

When to Use

Apply recognition and measurement under key IFRS standards (IFRS 9, 15, 16, 38; IAS 12, 16, 36; IFRS 2, 3, 10)
Structure financial statement presentation and note disclosures (IAS 1, IFRS 7, industry supplements)
Document fair value measurement and IFRS 13 hierarchy disclosures
Assess going concern, materiality, and accounting policy choices under IAS 1 / IAS 8
Prepare significant judgments and estimates narratives for the financial statements
Plan first-time adoption (IFRS 1) and opening balance sheet mechanics
Explain consolidation, business combinations, and share-based payment accounting
Compare IFRS vs local GAAP / US GAAP at a reporting level for convergence or dual-reporting entities
Draft audit-ready disclosure checklists and tie-outs to the primary statements